Payday Loans in Woodson, Arkansas

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Woodson, AR. Consider companies in other cities:

Company nameAddressZip codePhone number
Farm Credit of Western Arkansas - Clarksville 1007 Interstate Dr, Clarksville, AR 72830 +1 (479) 754 - 2876
First National Bank 635 E Main St, Piggott, AR 72454 +1 (870) 598 - 1362
Cravens Abstract & Title 24 E Main St, Paris, AR 72855 +1 (479) 963 - 2567
Agheritage Farm Credit Services 255 E College Ave, Batesville, AR 72501 +1 (870) 698 - 9044
Perryville Family Dental 810 N Fourche Ave, Perryville, AR 72126 +1 (501) 391 - 1274
Citizens Bank & Trust Company 200 N Hwy 71, Alma, AR 72921 +1 (479) 632 - 4145
Raymond James 5800 R St, Little Rock, AR 72207 +1 (501) 661 - 7351
R & J Pawn & Loan 114 N Market St, Benton, AR 72015 +1 (501) 315 - 7296
First Arkansas Financial, Inc 906 S Rock St, Sheridan, AR 72150 +1 (870) 942 - 5050
First National Bank of North Arkansas 200 E Rush Ave, Harrison, AR 72601 +1 (870) 743 - 6601

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Woodson, AR, you can try to find different companies in big cities near by. Check out the following pages here: Emergency Loan in Bentonville, AR, Guaranteed Loans in Conway, AR, Payday Loans in Fayetteville, AR, Payday Loans in Fort Smith, AR, Short-term Loans in Jonesboro, AR, Guaranteed Loans in Little Rock, AR, Payday Loan for North Little Rock, AR and No Credit Check Loans in Pine Bluff, AR. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Woodson, AR.

Payday Loans Available in Woodson, AR By The Following ZIP Codes:

72180

Are Payday Loans Legal In Woodson, Arkansas?

Payday Lending is Prohibited in Arkansas

Arkansas Loan Regulations

Legal StatusProhibited
Interest Rate (APR, %)Prohibited
Maximum Loan AmountProhibited
Minimum Loan TermProhibited
Maximum Loan TermProhibited
Number of Rollovers AllowedProhibited
Finance ChargesProhibited

Woodson, AR payday loan calculator

The Truth about Payday Loans in Woodson, Arkansas

Payday loans have been a popular way for people to get quick cash when they need it. Unfortunately, they are currently not allowed in the state of Arkansas, including Woodson. If you live in Woodson or any other city in Arkansas and are considering getting a payday loan, it’s important to know the facts before you proceed.

What are Payday loans?

Payday loans are a type of short-term loan that is designed to help people get through a financial emergency. Generally, payday loans are supposed to be paid back within two weeks or by the next payday. These loans usually come with high interest rates and fees, which can make them difficult to pay back. In addition, payday lenders often require borrowers to give them access to their bank account, which can result in additional fees if the borrower is unable to repay the loan.

Are Payday loans legal in Woodson, Arkansas?

No, payday loans are currently prohibited in Arkansas. In 2008, the state passed the Arkansas Check Cashers Act, which made it illegal for payday lenders to operate in the state. This means that if you are a resident of Woodson or any other city in Arkansas, you cannot legally obtain a payday loan.

Why are Payday loans banned in Arkansas?

The state of Arkansas has banned payday loans because they can be predatory and trap borrowers in a cycle of debt. High interest rates and fees often make it difficult for borrowers to pay back the loan, which can lead to additional fees and other financial difficulties. In addition, some payday lenders have been known to engage in unethical practices, such as charging excessive fees and harassing borrowers who are unable to repay their loans.

What are the alternatives to Payday loans in Woodson, Arkansas?

While payday loans are not an option in Arkansas, there are other types of loans and financial assistance programs that can help you when you need cash quickly. Some of the alternatives to payday loans include:

  • Personal loans from a bank or credit union
  • Credit card cash advances
  • Emergency assistance programs
  • Short-term loans from other lenders

If you are in need of financial support, it’s important to explore all of your options and find the one that best meets your needs.

Interesting Facts and Statistics

Despite being illegal in Arkansas, there are still lenders who offer payday loans in the state. In 2019, the Arkansas Attorney General’s office sued two online payday lenders for violating the state’s usury laws. The lenders were accused of charging annual interest rates of up to 342%. This is well above the state’s legal limit of 17%. This case highlights the importance of being cautious when considering loans from unregulated lenders, as they can often engage in unethical practices that can put borrowers in a difficult financial position.

Apply Now

If you are in need of financial assistance, TheGuaranteedLoans is here to help. We are a connecting service that can help you find potential lenders who may be able to provide you with the loan you need. Our online application process is simple and straightforward, and we can connect you with lenders who offer a variety of loan products to meet your needs.

It’s important to note that while we are a connecting service, we do not provide loans ourselves. We are here to help facilitate your connection with lenders who may be able to meet your financial needs. And remember, always read the terms and conditions carefully before accepting any loan offer.

Conclusion

Payday loans are currently prohibited in Arkansas, including in Woodson. While these loans may seem like an easy way to get quick cash, they often come with high interest rates and fees that can make them difficult to repay. If you need financial assistance, it’s important to explore all of your options and find the one that best meets your needs.

F.A.Q.

Can I be charged with a crime for taking out an illegal payday loan in Woodson, Arkansas?

No, taking out an illegal payday loan in Woodson, Arkansas is not a crime. However, the lender may face legal consequences for offering illegal loans.

Can I be sued for not paying back an illegal payday loan in Woodson, Arkansas?

No, you cannot be sued for not paying back an illegal payday loan in Woodson, Arkansas.